The IPO shares have been sold to all the retail investors at as...

The IPO shares have been sold to all the retail investors at as much as 10x, now they are being sold back to others at as much as 30-40% losses. Soon people will be selling through fear and the realisation that they have bought on fomo, now beginning to panic that maybe this will take a couple of years to accumulate any decent retailers or come crashing back down to sub 50c, some then averaging down their holding and telling themselves that this is a long term hold, then after 6 months and starting to notice that no retailers whatsoever have Splitit, they may be onto a dud, so they sell their holding back to the original IPO buyers who end up with huge parcels and a free ride forever.